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Agro Tech Foods gains after fund buying

Capital Market 

rose 1.86% to Rs 698 at 10:34 IST on after EQ bought 1.50 lakh shares at Rs 650 per share of the company in a bulk deal on NSE yesterday, 12 April 2018.

Meanwhile, the Sensex was up 158.60 points or 0.47% at 34,259.73. The Small-Cap index was up 114.08 points or 0.64% at 18,048.91.

On the BSE, 12,000 shares were traded on the counter so far as against the average daily volumes of 1,954 shares in the past one quarter. The stock had hit a high of Rs 718.95 and a low of Rs 693 so far during the day. The stock had hit a 52-week high of Rs 815 on 16 January 2018 and a 52-week low of Rs 480.05 on 30 May 2017.

The small-cap company has equity capital of Rs 24.37 crore. Face value per share is Rs 10.

EQ is run by well known investor

Agro Tech Foods' net profit rose 16.07% to Rs 9.03 crore on 3.17% rise in net sales to Rs 214.39 crore in Q3 December 2017 over Q3 December 2016.

is engaged in the business of marketing and ingredients to consumers. It is affiliated to ConAgra Foods, Inc. of USA, which is one the world's largest companies.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, April 13 2018. 10:47 IST